Stella-Jones Inc. (TSE:SJ) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Stella-Jones Inc. (TSE:SJ) have been assigned an average rating of “Moderate Buy” from the eight analysts that are covering the stock, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1 year target price among brokers that have covered the stock in the last year is C$97.14.

SJ has been the topic of several recent analyst reports. Cibc World Mkts downgraded shares of Stella-Jones from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 21st. TD Securities boosted their price objective on Stella-Jones from C$90.00 to C$97.00 and gave the company a “buy” rating in a research report on Thursday, November 6th. Scotiabank upgraded Stella-Jones from a “sector perform” rating to an “outperform” rating and increased their target price for the stock from C$88.00 to C$98.00 in a research report on Thursday. Desjardins set a C$102.00 target price on Stella-Jones and gave the company a “buy” rating in a research note on Friday, December 12th. Finally, CIBC dropped their price target on Stella-Jones from C$90.00 to C$89.00 in a research note on Friday, November 7th.

Insiders Place Their Bets

In related news, Director Michelle Annette Banik purchased 472 shares of Stella-Jones stock in a transaction on Wednesday, November 12th. The shares were bought at an average cost of C$84.60 per share, for a total transaction of C$39,931.20. Following the acquisition, the director owned 472 shares in the company, valued at approximately C$39,931.20. The trade was a ∞ increase in their position. Insiders own 0.14% of the company’s stock.

Stella-Jones Stock Up 3.6%

SJ opened at C$91.30 on Friday. The firm’s 50 day simple moving average is C$86.81 and its two-hundred day simple moving average is C$82.09. The company has a market capitalization of C$5.01 billion, a PE ratio of 14.94, a PEG ratio of 2.40 and a beta of -0.24. Stella-Jones has a 1-year low of C$62.26 and a 1-year high of C$92.84. The company has a current ratio of 6.85, a quick ratio of 1.20 and a debt-to-equity ratio of 87.53.

Stella-Jones (TSE:SJ) last posted its quarterly earnings data on Wednesday, November 5th. The company reported C$1.59 EPS for the quarter. The firm had revenue of C$958.00 million for the quarter. Stella-Jones had a return on equity of 18.36% and a net margin of 9.43%. As a group, equities analysts forecast that Stella-Jones will post 6.4457565 EPS for the current year.

Stella-Jones Company Profile

Stella-Jones Inc produces and sells lumber and wood products. The company operates in two segments: Pressure-treated wood, which includes utility poles, railway ties, residential lumber, and industrial products; and Logs & Lumber segment comprises of the sales of logs harvested in the course of the company’s procurement process that is determined to be unsuitable for use as utility poles, it also includes the sale of excess lumber to local home-building markets. The vast majority of its revenue comes from the Pressure-treated wood segment.